<span>c. handle all of the principal's affairs in one or more areas
</span>
Answer: Check attachment
Explanation:
a. Calculate the total variance for an increase of 0.10 in its beta.
The answer here is 0.2700
b. Calculate the total variance for an increase of 2.62% in its residual standard deviation.
The answer is 0.2664
Check the attachment for more explanation
If you're looking for a formula then it would be y= 500x - 41 or f(x)= 500x -41
y=mx + b ; m = 500, b= -41
500 being the additional unit and -41 being the decreasing revenue.
- Miriam
Answer:
6.60%
Explanation:
We use the RATE formula that is shown in the attachment
Given that,
Present value = $=1,459.51
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 11% ÷ 2 = $55
NPER = 18 years × 2 = 36 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the coupon rate is
= 3.30% × 2
= 6.60%
Answer:
a. True
Explanation:
A revolving credit agreement is a line of credit, that is, a default limit that a firm can use to borrow money as much as possible until this limit is reached. The firm will have to pay the bank for a commitment to lend or extend such funds. The bank will also put some factors about the firm's ability to pay into consideration before revolving credit can be used.